46.8  Balance of Fund

If:

(a)  all the rectification and/or maintenance work identified by the Authority has been carried out to the Required Standard; to the Authority's reasonable satisfaction;

(b)  all such rectification and/or maintenance work has been paid for by the Service Provider; and

(c)  no Termination Notice given in accordance with this Contract is outstanding,

then the Authority shall pay any credit balance on the Retention Fund Account (including accrued interest) to the Service Provider as soon as practicable.